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NEW QUESTION: 1
Which of the following is NOT a tool or technique of Qualitative Risk Analysis?
A. Probability and impact matrix
B. Risk urgency assessment
C. Risk categorization
D. Expected monetary value analysis
Answer: D
Explanation:
Qualitative Risk Analysis is all about figuring out prioritizing each risk, and figuring out its probability and impact. It's an important part of risk planning. But it's not about coming up with specific numbers! That's what Quantitative Risk Analysis is for - and EMV analysis is part of Quantitative (not Qualitative) analysis, because it's where you assign numeric values to risks.

NEW QUESTION: 2
Clay Industries, a large industrial firm, has just released a new process system allowing mining companies to automate much of their copper extraction procedures. While the sales of this process system are expected to be hugely successful, analysts predict that sales of Clay Industries existing products will decline as a result, as customers substitute the new process system for much of the Clay Industries' older drilling components and non-automated process systems. Which of the following terms most correctly describes the problem faced by Clay Industries?
A. Cannibalization
B. Externality problem
C. Diminishing returns problem
D. Opportunity cost problem
E. Incremental sales deterioration
Answer: A
Explanation:
Explanation/Reference:
Explanation:
When a new product or service takes sales away from existing products or services, this is often referred to as cannibalization (or erosion). While firms naturally do not wish to cannibalize existing products, often if they do not, other firms will begin to erode their market share. The cannibalization problem is frequently considered in the analysis of new releases of products and services.

NEW QUESTION: 3
A Scrum Team must have a Product Owner and Scrum Master.
A. False. If a Product Owner is unavailable, he/she can be replaced by a Business Analyst.
B. True. Each must be a full-time member on the Scrum Team.
C. False. A Scrum Master is only necessary when requested or needed.
D. True. Their participation and availability will impact the outcomes produced by the Scrum Team.
Answer: D
Explanation:
A Product Owner or Scrum Master can be dedicated to one team OR participate as a member on more than one team. How much time they spend with each team will directly impact effectiveness of the team.